Picture of a residential area and mountains in the background.
© filo - E+ / Getty Images

Taxes are on the rise in many parts of the country, but not everywhere. Some areas’ costs make up a lot less of annual homeownership or living costs.

Credit Karma recently identified the states with the lowest taxes, factoring in local sales tax, effective property tax rates, and income taxes. The following chart shows the states with the lowest taxes in 2022 (a lower score equals a lower overall tax rate).

A list of tax rates by state in 2022

On the other hand, Credit Karma noted the following are the five states with the highest overall taxes:

  1. New Jersey
  2. California
  3. New York
  4. Minnesota
  5. Vermont
Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.